{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-143278","form_type":"8-K","ticker":"SPB","cik":"0000109177","company_name":"Spectrum Brands Holdings, Inc.","filed_at":"2024-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.248633+00:00","generated_at":"2026-06-01T10:23:19.629219+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Spectrum Brands prices $300M exchangeable notes due 2029; $50M share repurchase concurrent","bullets":["Raises $300M in 3.375% exchangeable senior notes due 2029; net proceeds ~$291.6M after underwriter discount.","Initial exchange price ~$121.86/share (30% premium over May 20 closing price); exchange rate 8.2060 shares/$1,000.","Proceeds to fund $21.6M capped call (cap ~$159.36/share, 70% premium) and $50M SPB common stock buyback.","Notes are senior unsecured, guaranteed by parent and domestic subs; redeemable after June 7, 2027 under conditions.","Holders can require repurchase at 100% principal upon a fundamental change; initial purchasers have $50M greenshoe option."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-143278","json":"https://secwatch.observer/filing/0001193125-24-143278.json","markdown":"https://secwatch.observer/filing/0001193125-24-143278.md","text":"https://secwatch.observer/filing/0001193125-24-143278.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109177/000119312524143278/0001193125-24-143278-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109177/000119312524143278/d821243d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T10:23:19.629219+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}